In 2023, Italy led the European non-ferrous metal sector in fuel oil consumption with 29.71 thousand tonnes of oil equivalent, followed by Spain and Germany. Notable year-on-year increases were recorded in Germany (6.83%) and Serbia (6.7%), indicating a growing demand. Conversely, France and Finland experienced substantial declines, with France showing a steep decrease of 28.98%. Austria showed a marginal uptick.
Looking forward, key trends to watch include a potential shift towards cleaner energy sources, which may reduce fuel oil consumption, and the impact of industrial advancements opting for energy efficiency. Regional policies aimed at reducing carbon emissions could also significantly alter consumption patterns.
Top countries in Fuel Oil Final Consumption in Non-Ferrous Metal Sector Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 29.71 | 2023 | +10.57% | +0.3% | View data |
| 2 | 2 Spain | 25.79 | 2023 | +4.43% | +0.064% | View data |
| 3 | 3 Germany | 14.29 | 2023 | -0.023% | +6.83% | View data |
| 4 | 4 Bulgaria | 6.69 | 2023 | +5.6% | -0.16% | View data |
| 5 | 5 Serbia | 6.25 | 2023 | +7.76% | +6.7% | View data |
| 6 | 6 Kosovo | 5.83 | 2023 | -1.68% | +0.011% | View data |
| 7 | 7 Poland | 4.04 | 2023 | -2.86% | -0.28% | View data |
| 8 | 8 Finland | 2.95 | 2023 | -7.43% | -10.53% | View data |
| 9 | 9 Sweden | 2.03 | 2023 | +3.25% | -0.013% | View data |
| 10 | 10 France | 0.58 | 2023 | -48.34% | -28.98% | View data |
